LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 23, 2011 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Education Code, Government Code, and Local Code to allow school districts, institutions of higher education, state agencies, and local governments to use any available money, with the exception of money borrowed from the state, to pay for an energy savings performance contract. These groups would no longer be required to pay for energy savings performance services solely out of the financial savings realized from execution of the contracts. The bill would take effect September 1, 2011. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:303 Facilities Commission, 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 347 Public Finance Authority, 352 Bond Review Board, 696 Department of Criminal Justice, 701 Central Education Agency LBB Staff: JOB, SZ, JI, KY, JJO, EP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 23, 2011
TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced
TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced
Honorable Jim Keffer, Chair, House Committee on Energy Resources
Honorable Jim Keffer, Chair, House Committee on Energy Resources
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced
HB1728 by Keffer (Relating to energy savings performance contracts.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Education Code, Government Code, and Local Code to allow school districts, institutions of higher education, state agencies, and local governments to use any available money, with the exception of money borrowed from the state, to pay for an energy savings performance contract. These groups would no longer be required to pay for energy savings performance services solely out of the financial savings realized from execution of the contracts. The bill would take effect September 1, 2011.
The bill would amend Education Code, Government Code, and Local Code to allow school districts, institutions of higher education, state agencies, and local governments to use any available money, with the exception of money borrowed from the state, to pay for an energy savings performance contract. These groups would no longer be required to pay for energy savings performance services solely out of the financial savings realized from execution of the contracts. The bill would take effect September 1, 2011.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 303 Facilities Commission, 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 347 Public Finance Authority, 352 Bond Review Board, 696 Department of Criminal Justice, 701 Central Education Agency
303 Facilities Commission, 304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 347 Public Finance Authority, 352 Bond Review Board, 696 Department of Criminal Justice, 701 Central Education Agency
LBB Staff: JOB, SZ, JI, KY, JJO, EP
JOB, SZ, JI, KY, JJO, EP